罗平锌电(002114) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥400,677,869.40, representing a 104.50% increase compared to ¥195,931,806.07 in the same period last year[8] - Net profit attributable to shareholders was ¥10,301,943.15, a significant turnaround from a loss of ¥95,129,260.58 in the previous year, marking a 110.83% improvement[8] - The net profit after deducting non-recurring gains and losses was ¥10,405,311.08, compared to a loss of ¥94,693,259.89 last year, reflecting a 110.99% increase[8] - Basic earnings per share increased to ¥0.03 from a loss of ¥0.29, showing a 110.34% improvement[8] - The total profit for the current period was RMB 13,679,582.17, marking a 114.31% increase from a loss of RMB 95,595,651.34 in the previous period[20] - The company reported a net loss of CNY 272,328,419.10 in retained earnings, an improvement from a loss of CNY 286,155,071.09[49] - The company reported a total profit of CNY 13,679,582.17, recovering from a total loss of CNY 95,595,651.34 in the prior year[53] Cash Flow - Cash flow from operating activities showed a significant improvement, with a net outflow of ¥3,408,217.65 compared to a net outflow of ¥87,187,638.61 in the same period last year, reflecting a 96.09% reduction in cash outflow[8] - The company’s cash flow from operating activities showed a net outflow of RMB 3,408,217.65, a significant improvement from a net outflow of RMB 87,187,638.61 in the previous period, reflecting better operational efficiency[25] - Cash received from sales of goods and services increased by 66.50% to RMB 428,723,644.53, driven by higher sales volumes and prices of zinc products[25] - Operating cash inflow increased by 69.71% compared to the same period last year, primarily due to increased sales volume and prices of zinc products[27] - Net cash flow from operating activities rose by 96.09% year-on-year, driven by a 66.5% increase in cash received from sales of goods and services[27] - The cash flow from operating activities was CNY 428,723,644.53, significantly higher than CNY 257,489,032.11 in the previous period, indicating improved cash generation[60] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,305,878,679.43, a decrease of 2.37% from ¥2,361,747,772.22 at the end of the previous year[8] - The net assets attributable to shareholders increased to ¥1,451,019,380.04, up 0.72% from ¥1,440,651,083.53 at the end of the previous year[8] - The company’s total liabilities decreased to CNY 750,666,468.32 from CNY 800,818,988.37[49] - Current liabilities totaled CNY 705,166,583.25, down from CNY 748,075,225.71[49] - The company’s total current liabilities increased from CNY 748,075,225.71 to CNY 755,696,296.39 compared to the previous period[71] Investment and Expenditures - The company is undergoing significant capital expenditures, with construction in progress increasing by 31.59% due to ongoing projects in the electrolytic workshop and new construction in the comprehensive workshop[16] - The company experienced an investment loss of CNY 3,059,164.58, contrasting with a profit of CNY 38,384,538.98 in the previous year, highlighting challenges in investment performance[57] - Long-term equity investments amounted to CNY 1,303,930,970.77, up from CNY 1,273,455,852.62[48] - The company reported a decrease in long-term equity investments from CNY 1,273,455,852.62 to CNY 115,112,615.82[70] Financial Ratios and Returns - The weighted average return on equity rose to 0.71% from -6.26% in the previous year, an increase of 6.97 percentage points[8] - The company reported a basic earnings per share of RMB 0.03, up 110.98% from a loss of RMB 0.29 per share in the previous period[20] - Earnings per share (EPS) for the quarter was CNY 0.03, compared to a loss per share of CNY 0.29 in the previous year[54] Tax and Financial Management - The company reported a significant increase in cash payments for taxes, up 72.01% year-on-year, primarily due to higher VAT and resource tax payments[27] - The company’s cash and cash equivalents decreased by 162.29% to a net decrease of RMB 88,425,784.95, indicating a need for improved cash management strategies[25] - Cash and cash equivalents were CNY 174,589,892.67, down from CNY 255,696,244.00[46] Other Financial Information - The company has implemented new leasing standards effective from January 1, 2021, which will not significantly impact its financial status[72] - The company has not conducted an audit for the first quarter report[73]